Trump Gives First Solar a Win on Tariffs and a Loss on Taxes

While most of the U.S. solar industry has blasted President Donald Trump for slapping tariffs on panel imports, one company still managed to score a quantifiable win.

In its first guidance since Trump imposed tariffs on solar cells and module imports to the U.S., First Solar Inc. raised sales for this year to as much as $2.65 billion from a December estimate of as much as $2.5 billion, according to a statement Thursday. First Solar’s thin-film panels were exempted from the tariff, so it expects to sell a lot more panels this year.